Risk Management Professional - AML
Apply NowCompany: U.S. Bank
Location: Toronto, ON M4E 3Y1
Description:
At U.S. Bank, we're on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel at-all from Day One.
Job Description
The Group
Enterprise Financial Crimes Compliance (EFCC), led by the BSA/AML Officer, oversees the Company's risk-based financial crimes program and associated regulatory oversight and support of key controls that comply with program requirements. As the EFCC Hub, EFCC Risk Management promotes a strong financial crimes risk discipline and control environment through ongoing oversight, support, collaboration, and credible challenge across the three lines of defense.
The Role
The risk management professional provides oversight and credible challenge to Business Lines and Support Functions with Canada exposure on the effectiveness of processes and controls that mitigate financial crimes risk. Strong partnerships with Business Line and Support Functions enable the development and implementation of sound risk mitigation practices through repeatable and sustainable controls. Specifically, this position is focused on Canada financial crimes compliance.
Partners with their assigned Line of Business, other Risk/Compliance/Audit (RCA) professionals, and RCA Managers to, depending on their function, create, implement, maintain, review, or oversee an effective financial crimes risk management framework. Participates in projects and/or activities that ensure compliance with applicable federal, state, provincial, and local laws and regulations. Identifies gaps and inform solutions that minimize losses resulting from inadequate internal processes, systems, or human errors. Identifies, responds, and/or escalates risks as appropriate. Serves as a functional liaison between the Line of Business and the Lines of Defense.
Basic Qualifications
- Bachelor's degree, or equivalent work experience
- Typically more than five years of applicable experience
Preferred Skills/Experience
- Advanced knowledge of applicable laws, financial crimes regulatory requirements, financial services, and regulatory trends that impact their assigned line of business
- Advanced of the business line operations, products/services, systems, and associated risks/controls
- Thorough knowledge of AML Risk/Compliance/Audit competencies
- Strong analytical, process facilitation and project management skills
- Effective presentation, interpersonal, written and verbal communication skills
- Proficient computer navigation skills using a variety of software packages, including Microsoft Office applications and word processing, spreadsheets, databases, and presentations
- Applicable professional certifications
NOTE: This role offers a hybrid/flexible schedule, which means there's an in-office expectation of 3 or more days per week and the flexibility to work outside the office location for the other days.
If there's anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to our disability accommodations for applicants.
Benefits:
Our approach to benefits and total rewards considers our team members' whole selves and what may be needed to thrive in and outside work. That's why our benefits are designed to help you and your family boost your health, protect your financial security and give you peace of mind.
Job Description
The Group
Enterprise Financial Crimes Compliance (EFCC), led by the BSA/AML Officer, oversees the Company's risk-based financial crimes program and associated regulatory oversight and support of key controls that comply with program requirements. As the EFCC Hub, EFCC Risk Management promotes a strong financial crimes risk discipline and control environment through ongoing oversight, support, collaboration, and credible challenge across the three lines of defense.
The Role
The risk management professional provides oversight and credible challenge to Business Lines and Support Functions with Canada exposure on the effectiveness of processes and controls that mitigate financial crimes risk. Strong partnerships with Business Line and Support Functions enable the development and implementation of sound risk mitigation practices through repeatable and sustainable controls. Specifically, this position is focused on Canada financial crimes compliance.
Partners with their assigned Line of Business, other Risk/Compliance/Audit (RCA) professionals, and RCA Managers to, depending on their function, create, implement, maintain, review, or oversee an effective financial crimes risk management framework. Participates in projects and/or activities that ensure compliance with applicable federal, state, provincial, and local laws and regulations. Identifies gaps and inform solutions that minimize losses resulting from inadequate internal processes, systems, or human errors. Identifies, responds, and/or escalates risks as appropriate. Serves as a functional liaison between the Line of Business and the Lines of Defense.
Basic Qualifications
- Bachelor's degree, or equivalent work experience
- Typically more than five years of applicable experience
Preferred Skills/Experience
- Advanced knowledge of applicable laws, financial crimes regulatory requirements, financial services, and regulatory trends that impact their assigned line of business
- Advanced of the business line operations, products/services, systems, and associated risks/controls
- Thorough knowledge of AML Risk/Compliance/Audit competencies
- Strong analytical, process facilitation and project management skills
- Effective presentation, interpersonal, written and verbal communication skills
- Proficient computer navigation skills using a variety of software packages, including Microsoft Office applications and word processing, spreadsheets, databases, and presentations
- Applicable professional certifications
NOTE: This role offers a hybrid/flexible schedule, which means there's an in-office expectation of 3 or more days per week and the flexibility to work outside the office location for the other days.
If there's anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to our disability accommodations for applicants.
Benefits:
Our approach to benefits and total rewards considers our team members' whole selves and what may be needed to thrive in and outside work. That's why our benefits are designed to help you and your family boost your health, protect your financial security and give you peace of mind.